Long Island Bankruptcy Law Blog
What are some examples of Chapter 7 bankruptcy exemptions?
When a person in Long Island files for Chapter 7 bankruptcy, his or her property will be collected and then sold off to pay back ...
Read MoreNew York program helps victims of foreclosure scams
Unfortunately, many people caught up in the 2008 financial crisis lost their homes to foreclosure. In fact, some homeowners in Long Island are still reeling ...
Read MoreChapter 7 bankruptcy can bring financial relief
There are times when even the most responsible, hard-working individuals in Long Island find themselves in a financial bind. It only takes one large, unanticipated ...
Read MoreCredit card debt and living expenses in America increasing
Sometimes, a person in Long Island has no choice but to put a purchase on a credit card. For some, it may be an unexpected ...
Read MoreDo not let the threat of foreclosure ruin the holiday season
Home is where the heart is, particularly during the holidays when families gather in celebration of the season. But, for those in Long Island who ...
Read MoreOctober sees significant uptick in foreclosures in New York City
Looking back at the nation’s “Great Recession,” some may remember that a significant number of individuals saw their homes enter the foreclosure process. These days, ...
Read MoreDebt relief: choosing between “snowball” and “avalanche”
Winter weather is right around the corner, and many in Long Island may be looking forward to the silence and stillness that a peaceful, new ...
Read MoreEmergency room visits can lead to surprise medical expenses
Going to the emergency room usually means that one is having a severe health crisis. Once there, one’s thoughts are simply that the illness or ...
Read MoreReaffirming debt in a Chapter 7 bankruptcy
As some Long Island residents may already know, a Chapter 7 bankruptcy filing can be the financial lifeline they need to climb out from under ...
Read MoreMaking minimum payments may not help those with credit card debt
Credit card debt is different than other types of debt. There isn’t a repayment plan with a defined end-point. Instead, a person just has to ...
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